by Guy | Sep 20, 2018 | Fundamentals, Technology
“No equation, no chart in this fourth part. Just a short discussion about the total cost of Bitcoin’s PoW. It will offer us the opportunity to introduce another fundamental property of PoW which makes it truly unique.” -LaurentMT Check out the full series (and drop...
by Guy | Sep 19, 2018 | Fundamentals, Technology
“In this third part, we’re going to focus on a slightly different question: “Is the system running at its optimum?” -LaurentMT Check out the full article to explore the charts and graphics illustrating his arguments and metrics (and don’t forget to drop applause...
by Guy | Sep 18, 2018 | Fundamentals, Technology
Listen to @Laurentmt’s article explaining how the Yin and Yang of Bitcoin, Hodling & Mining, affect the efficiency of the system and how they drive the system’s dynamics. Don’t forget to drop some applause on the article and check out the...
by Guy | Sep 17, 2018 | Fundamentals, Technology
“At last, we have derived two metrics which both suggest that contrary to a widespread opinion, Bitcoin’s PoW is actually becoming more and more efficient.” -@Laurentmt Listen to Part 1 of @Laurentmt’s excellent series introducing the fundamental characteristics and...